Crypto News

Just In: Twitter Cofounder Mocks Meta’s Threads App Ahead Of Launch

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Jack Dorsey, Twitter’s cofounder and former chief executive officer, on Monday commented on the privacy practices followed by Mark Zuckerberg’s upcoming microblogging platform, the Threads app. The new app is likely launching on July 6, 2023, amid temporary limits placed on Twitter user activity around data scraping concerns. Analysts view this as the perfect opportunity for Zuckerberg to make the most out of the scenario, considering that the app is coming up as a direct rival to the Elon Musk led company. The Threads app could likely have an edge when it comes to pooling in large sets of existing user data, thanks to its integration with Instagram accounts.

Also Read: Ethereum Births New Token Standard, Will This Reduce ETH Supply?

Earlier, Musk announced Twitter was applying temporary limits to user activity to address “extreme levels of data scraping and system manipulation. This involves capping the number of tweets account holders can read per day, categorized between verified and unverified accounts differently. Whether or not Zuckerberg preponed the launch following Musk’s new rules on user activity is yet to be confirmed but it is likely the best possible to roll out for download.

Threads App Launch Date, Download

According to the Apple App Store Preview page of ‘Threads, an Instagram app’, the application is expected to be available for download as soon as Thursday, July 6, 2023. The new app comes across as a place where people connect, share ideas and trends with text. Describing itself as Instagram’s text-based conversation app, the developers envision it as a platform where people “come together to discuss everything from the topics” they care about today to what will be trending tomorrow.

Jack Dorsey raised doubts over the app’s privacy features, sharing a screenshot that showed how the app could collect user data like contacts, location, sensitive information, purchases and browsing history.

Also, it will be interesting to watch out for some of the most popular faces on ‘Crypto Twitter’ like Vitalik Buterin, and Michael Saylor, who may create accounts on the new app.

Also Read: Spot Bitcoin ETF Has a Fairly High Probability of Gaining Approval in the US – Bernstein Analysts

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Anvesh Reddy

Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1400 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at anvesh@coingape.com or x.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/

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